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Fujimi (Fujimi) Cyclically Adjusted Book per Share : $3.87 (As of Dec. 2023)


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What is Fujimi Cyclically Adjusted Book per Share?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years.

Fujimi's adjusted book value per share for the three months ended in Dec. 2023 was $6.516. Add all the adjusted book value per share for the past 10 years together and divide the count will get our Cyclically Adjusted Book per Share, which is $3.87 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Fujimi's average Cyclically Adjusted Book Growth Rate was 7.70% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 6.00% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 4.80% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted Book Growth Rate using Cyclically Adjusted Book per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Book Growth Rate of Fujimi was 6.00% per year. The lowest was 3.50% per year. And the median was 4.30% per year.

As of today (2024-05-23), Fujimi's current stock price is $16.12356. Fujimi's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was $3.87. Fujimi's Cyclically Adjusted PB Ratio of today is 4.17.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Fujimi was 5.05. The lowest was 1.18. And the median was 2.33.


Fujimi Cyclically Adjusted Book per Share Historical Data

The historical data trend for Fujimi's Cyclically Adjusted Book per Share can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Fujimi Cyclically Adjusted Book per Share Chart

Fujimi Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - 5.90 4.70

Fujimi Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Cyclically Adjusted Book per Share Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 5.41 4.70 3.30 3.97 3.87

Competitive Comparison of Fujimi's Cyclically Adjusted Book per Share

For the Semiconductor Equipment & Materials subindustry, Fujimi's Cyclically Adjusted PB Ratio, along with its competitors' market caps and Cyclically Adjusted PB Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Fujimi's Cyclically Adjusted PB Ratio Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Fujimi's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Fujimi's Cyclically Adjusted PB Ratio falls into.



Fujimi Cyclically Adjusted Book per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years.

What is Cyclically Adjusted Book per Share? How do we calculate Cyclically Adjusted Book per Share?

Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Book per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the book value per share from 2001 through 2010.

We adjusted the 2001 book value per share data with the total inflation from 2001 through 2010 to the equivalent book value in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's book value is $1 a share in 2001, then the 2001's equivalent book value in 2010 is $1.4 a share. If Wal-Mart's book value is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 book value in 2010 is $1.35. So on and so forth, you get the equivalent book value per share of past 10 years. Then you add them together and divided the sum by the count to get Cyclically Adjusted Book per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.

For example, Fujimi's adjusted Book Value per Share data for the three months ended in Dec. 2023 was:

Adj_Book= Book Value per Share /CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=6.516/106.8000*106.8000
=6.516

Current CPI (Dec. 2023) = 106.8000.

Fujimi Quarterly Data

Book Value per Share CPI Adj_Book
201403 5.212 95.700 5.817
201406 5.265 98.000 5.738
201409 5.212 98.500 5.651
201412 4.925 97.900 5.373
201503 4.883 97.900 5.327
201506 4.807 98.400 5.217
201509 4.948 98.500 5.365
201512 4.895 98.100 5.329
201603 5.237 97.900 5.713
201606 5.647 98.100 6.148
201609 5.966 98.000 6.502
201612 5.452 98.400 5.917
201703 5.529 98.100 6.019
201706 5.654 98.500 6.130
201709 5.786 98.800 6.255
201712 5.758 99.400 6.187
201803 6.101 99.200 6.568
201806 5.932 99.200 6.386
201809 5.988 99.900 6.402
201812 5.971 99.700 6.396
201903 6.112 99.700 6.547
201906 6.209 99.800 6.645
201909 6.409 100.100 6.838
201912 6.390 100.500 6.791
202003 6.522 100.300 6.945
202006 6.598 99.900 7.054
202009 6.873 99.900 7.348
202012 7.040 99.300 7.572
202103 6.957 99.900 7.438
202106 6.962 99.500 7.473
202109 7.297 100.100 7.785
202112 7.149 100.100 7.628
202203 7.160 101.100 7.564
202206 6.401 101.800 6.715
202209 6.893 103.100 7.140
202212 6.558 104.100 6.728
202303 6.959 104.400 7.119
202306 6.631 105.200 6.732
202309 6.512 106.200 6.549
202312 6.516 106.800 6.516

Add all the adjusted book value per share together and divide the count will get our Cyclically Adjusted Book per Share.


Fujimi  (OTCPK:FUJXF) Cyclically Adjusted Book per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Book per Share may underestimate the company's equity. Cyclically Adjusted PB Ratio can seem to be too high even the actual PB Ratio is low.

For the Cyclically Adjusted PB Ratio, the book value of the past 10 years are inflation-adjusted and averaged. The result is used for P/B calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PB Ratio is also called CAPB Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted book value per share of a company over the past 10 years.

Fujimi's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=16.12356/3.87
=4.17

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Fujimi was 5.05. The lowest was 1.18. And the median was 2.33.


Be Aware

Cyclically Adjusted PB Ratio works better for cyclical companies. It gives you a better idea on the company's real book value.


Fujimi Cyclically Adjusted Book per Share Related Terms

Thank you for viewing the detailed overview of Fujimi's Cyclically Adjusted Book per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


Fujimi (Fujimi) Business Description

Industry
Traded in Other Exchanges
Address
1-1, Chiryo-2,, Nishibiwajima-cho, Kiyosu, Kiyosu, JPN, 452-8502
Fujimi Inc is a Japan-based company engaged in the manufacture and sale of synthetic precision abrasives materials. The company offers abrasives for silicon wafers and other semiconductor substrates, chemical mechanical planarization products which are required for multilayered circuits on semiconductor chips, and abrasives for computer hard disks. In addition, it also provides various materials that are used in electronic components, and thermal spray material related to the engine, and many more. The company operates in four geographical regions, including Japan, North America, Asia, and Europe.

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